Health care and insurance costs will plummet if excess regulation is eliminated and malpractice awards are made only on the basis of strict liability.
Lower costs, along with the savings from downsizing regulatory bureaucracy, will fund tax credits for those who establish Health Savings Accounts for themselves, their families, Medicare/Medicaid recipients, and the needy.“
Health care is not a responsibility of federal government
Principles that Badnarik supports regarding health care.
Providing health care is not a responsibility of the federal government.
Badnarik says, “neither good health nor health care is a guaranteed right.”
Source: 2004 Presidential National Political Awareness Test
, Jul 11, 2004
Excess regulations cause high pharmaceutical prices
Excess regulation has increased new drug development time by a decade since the 1960s and multiplied development costs 5-fold. Consequently, our seriously ill die waiting for life-saving medicines
and pay exorbitant prices when they finally can purchase them. Since these excess regulations kill many more people than they save, they can be safely eliminated, slashing pharmaceutical prices virtually overnight!